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Callosum Raises $100 Million to Cut AI Costs
Callosum has raised $100 million in early financing to develop software that matches specific AI tasks with suitable models and chips. Backers include the UK’s public AI fund.
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China Pushes Tech Giants Toward Home Capital
Blockbuster debuts by two technology companies show Beijing encouraging its tech champions to raise money from domestic investors. The strategy aims to finance China’s artificial intelligence ambitions while reducing dependence on Wall Street.
NVIDIA Ships 10,000 H200 Chips to Each Chinese Giant
ByteDance and Tencent have reportedly each received 10,000 NVIDIA H200 chips. The deliveries could expand Chinese companies’ access to high-end AI computing despite ongoing U.S. export restrictions.
Memory Giants Buy Back Stock Amid a Supercycle
SK hynix, Samsung Electronics, and other memory leaders are using share buybacks and shareholder returns to strengthen market confidence. The article analyzes what these moves indicate about the current stage of the memory industry's potential supercycle.
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AI Costs Trail Energy as UK Inflation Risk
KPMG UK Chief Economist Yael Selfin says rising chip and AI model costs are filtering through the UK economy. However, higher household energy costs remain a much larger inflation concern for the Bank of England.
Google Tests AI-Powered Contrail Avoidance
Google is working with the UK government on Operation Blue Skies to address aviation contrails with AI. The initiative will subtly reroute flights to test whether contrail formation can be avoided.
UK Cinemas Consider Banning Meta Smart Glasses
UK cinemas are considering restricting Meta smart glasses because their cameras could enable covert film piracy. The UK Cinema Association says chains must balance these risks against the potential benefits of AI-enabled wearable technology.
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